ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $70.37, but opened at $81.00. ASMPT shares last traded at $81.00, with a volume of 569 shares traded.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of ASMPT from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Strong Buy”.
Read Our Latest Stock Analysis on ASMVY
ASMPT Stock Down 2.0%
ASMPT Company Profile
ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.
ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.
Featured Articles
- Five stocks we like better than ASMPT
- Zscaler Stock Drops 30%: Why the Dip Is a Buy Opportunity
- 3 Stocks Under $40 with Indirect Exposure to SpaceX IPO
- Record Revenue, Rising Dividends—So Why Aren’t Analysts Saying Buy?
- Qualcomm’s TikTok AI Chip Deal Rewrites the Rules
Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.
